Pandora to Buy Back $75M of Jewelry

RAPAPORT... Pandora is set to repurchase DKK 500 million ($74.7 million)

of unsold inventory from retailers that stock its products, the company said. The Danish jeweler believes this will reduce the quantity of goods its clients keep in stock for long periods. The company plans to smelt and recycle the old jewelry to make new collections, a company spokesperson told Rapaport New...